Search ResultsShowing 91 - 100 of 100+ results for "Westpac"
Westpac appoints acting advice GM
JAMIE WILLIAMSON  |  FRIDAY, 12 APR 2019
Westpac has appointed an acting general manager of advice to lead the transition of its financial planning business to Viridian Advisory. National head of BT Group Licensees Ashley Stewart will take on the role of acting general manager of advice from ...
$1.5bn pulled from Pendal
KARREN VERGARA  |  FRIDAY, 12 APR 2019
Westpac is pulling $1.5 billion of funds under management from Pendal Group over April as it consolidates its superannuation offerings. Pendal's management fee margin will be impacted by 0.31%, predominantly coming from multi-asset funds under management ...
ASIC outlines enforcement efforts
ELIZABETH MCARTHUR  |  WEDNESDAY, 10 APR 2019
... question, ASIC also resolved 10 market integrity related cases. Of key concern, ASIC won the Bank Bill Swap Rate case against Westpac in November - with the Federal Court ordering Westpac to pay $3.3 million for contravening the ASIC Act 2001 by its ...
Banks push to leave vertical integration on the table
HARRISON WORLEY  |  WEDNESDAY, 10 APR 2019
... their core banking operations, and the vertical integration model has all but been put out to pasture. Just last month, Westpac - which until then was the only big four bank still wholly committed to wealth management - decided to exit personal advice ...
Financial advice exit a boon for the industry: Poll
KARREN VERGARA  |  MONDAY, 8 APR 2019
... transaction is on ice pending the outcome of the APRA investigation, while NAB is reportedly hunting a buyer for MLC. Westpac, the last of the major banks to join the exodus, agreed to sell a number of advisers to Viridian Advisory . Financial Standard ...
FASEA welcomes new directors
HARRISON WORLEY  |  MONDAY, 8 APR 2019
... Yellow Brick Road. Prior to joining Crystal Wealth, Lakomy spent almost two years as an executive financial planner at Westpac. Their appointments were flanked by the re-appointments of Integra Financial Services founder Deborah Kent and former Consumer ...
IOOF appoints head of advice governance
HARRISON WORLEY  |  FRIDAY, 5 APR 2019
A director of Westpac's advice remediation program has been appointed to lead advice governance at IOOF. David Flynn is set to link with the wealth manager later this month as its new head of advice governance, replacing Adrian Kwa who is set to ...
Wealth heavyweights join FSC board
HARRISON WORLEY  |  THURSDAY, 4 APR 2019
... business, having been appointed chief executive of its NewCo entity last October . He previously spent more than 20 years at Westpac and BT Financial Group, including as group executive Westpac retail and business banking. New FSC deputy chair David ...
Regulators name laggard life insurance providers
KARREN VERGARA  |  MONDAY, 1 APR 2019
... and resolution times vary significantly across providers, a joint study by the regulators found. AMP (eight months) and Westpac (three months) take the longest to process death claims within group insurance, while TAL and AIA Australia are the most efficient ...
ASIC dismisses Royal Commission insider trading reports
ELIZABETH MCARTHUR  |  THURSDAY, 28 MAR 2019
... or insider trading." On the day in question, in the lead up to the report, the banks' share prices went up slightly. Westpac was up 1.8% on a day when the market climbed 0.5%. The Hayne report was tabled in parliament on February 4 after close of trading. ...
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